Question
A corporate bond ($1,000 par value) with a 9% coupon, paid semi-annually, is rated BB+. It is currently trading in the secondary market for $1,025.
A corporate bond ($1,000 par value) with a 9% coupon, paid semi-annually, is rated BB+. It is currently trading in the secondary market for $1,025.
If you buy this bond, how much interest in $ will you receive on each coupon date?
| $90.00 |
| $92.25 |
| $45.00 |
| $46.12 |
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The Private Equity Toolkit A Step By Step Guide To Getting Deals Done From Sourcing To Exit
Authors: Tamara Sakovska
1st Edition
1119697107, 978-1119697107
